The European Commission has stopped all legal proceedings against Ireland in relation to its air travel tax after the Irish government amended the tax to a flat fee for all travellers.
There is more bad news for Australian Prime Minister Julia Gillard as the revenue from the MRRT has been exposed as likely to fall short of expectations.
Taxpayers, advisers and regulators gathered at International Tax Review’s Indirect Tax Forum in London today to discuss the role of environmental taxes as an integral aspect of both reducing emissions and improving finances.
The Australian government’s climate adviser, Ross Garnaut, has delivered his final climate change report to the Prime Minister, Julia Gillard. With suggested details now tabled, companies could be one step closer to paying tax on their carbon emissions, though there is still widespread opposition.